Nvidia is buying Hugging Face for $13 billion in one of its biggest acquisitions ever

Jensen Huang said Nvidia would scale Hugging Face's platform. Philip FONG / AFP via Getty Images Nvidia is officially buying Hugging Face for almost $13 billion. The deal could strengthen Nvidia's position by boosting the open-source ecosystem. Hugging Face will get more compute and support from Nvidia, but will remain an open platform, the companies said. Nvidia has confirmed that it's buying Hugging Face for almost $13 billion, giving the chipmaker a foothold in the open-model ecosystem. Nvidia CEO Jensen Huang wrote in a Thursday blog post that his company had agreed to acquire Hugging Face for $12,930,300,000, confirming Business Insider's previous report that the two were in talks for a deal. "Together, we will scale Hugging Face's platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide," Huang wrote. Hugging Face, a platform for sharing and building with open-source AI models, will benefit from more compute and support from Nvidia, Hugging Face CEO Clem Delangue said in an X post. The acquisition is one of Nvidia's largest ever and could help propel the chip giant further into open-source AI, a type of software in which the un